SÃO PAULO & NEW YORK--(BUSINESS WIRE)--First
Data (NYSE: FDC), a global leader in commerce-enabling technology
and solutions, today announced that it will acquire Software Express, a
Brazilian-based leader in EFT solutions.

Founded in 1986, Software Express provides technology solutions to
merchants of different sizes, including multi-acquirer EFT,
multi-acquirer EFT POS, reconciliation, a payments gateway, and
automated recurring payments, among other products.

Software Express is a well-known EFT brand in Brazil, providing its
solutions to more than 100,000 merchants. This acquisition will enhance
the position of the two companies on several fronts, starting with
becoming the combined leader in electronic payments transactions and
supporting all sizes of retail clients, cards schemes, financial
institutions and telecoms. Software Express will continue to
independently support its clients under its brand.

Henrique Ribeiro Filho, Software Express CEO, believes that the deal
will bring opportunities to expand and accelerate the growth of Software
Express, while reinforcing the culture of independent support to its
clients. “Software Express is accredited by all acquirers and has a
broad portfolio offering including EFT, recharge servers for prepaid
phones, front-end processor software, and correspondent banking
software, among other services,” he said. “Our clients will now benefit
from First Data’s global expertise and knowledge, opening up additional
possibilities for our clients, partners and employees.”

According to Gustavo Marin, Executive Vice President of First Data Latin
America, the acquisition will be extremely positive for both companies.
“This deal positions First Data as a provider of innovative and
value-added solutions to retailers of all sizes, payments institutions
and financial institutions. We will be able to expand the current
Software Express portfolio within First Data’s global platforms, and in
2019, the two companies expect to process more than 15 billion
transactions in Brazil,” said Gustavo.

About First Data

First Data (NYSE: FDC) is a global leader in commerce-enabling
technology and solutions, serving approximately six million business
locations and more than 3,700 financial institutions in more than 100
countries around the world. The Company’s 19,000 owner-associates are
dedicated to helping companies, from start-ups to the world’s largest
corporations, conduct commerce every day by securing and processing more
than 3,000 transactions per second and $2.6 trillion per year. For more
information, visit www.firstdata.com and
follow us on Twitter at @FirstData
and LinkedIn.

About Software Express

100% Brazilian company founded in 1986 specializes in the development of
solutions for communication, routing, authorization and reconciliation
of financial transactions.

Market leader in the Electronic Funds Transfer (EFT) software segment
and recharge servers for prepaid phones, it processed over 11 billion
transactions in 2018. It also operates in the development of
applications in portable terminals for correspondent banking segments
and transaction capture networks, as well as on the customized solutions
for its retail, acquirer and financial institutions clients.